Timeline for What is the Difference Between a Credit Default Swap and a Bet
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Mar 29, 2016 at 5:46 | vote | accept | seewalker | ||
| Mar 21, 2016 at 21:05 | comment | added | RandyF | A CDS is an investment which is a type of bet. It takes a few forms, you invest if you think you know more than the guy on the other side and hope you'll make money, or you treat is as a hedge so you don't lose as much money in adverse conditions. The idea is the same as investing in Apple, putting your money in a bank, or putting money in a jar on the kitchen counter. Last I've heard, though, the kitchen counter ETF hasn't had very strong returns over the long term. Wikipedia is saying that there was no formal way for investors to "bet" against companies until CDSs were created in 1994. | |
| Mar 21, 2016 at 17:54 | answer | added | Neeraj | timeline score: 4 | |
| Mar 21, 2016 at 4:11 | review | First posts | |||
| Mar 21, 2016 at 16:39 | |||||
| Mar 21, 2016 at 4:09 | history | asked | seewalker | CC BY-SA 3.0 |